Financial Advisory Abney Associates
Losing a spouse is a stressful transition. And the added pressure of having to compensate property and organizing finances can be overwhelming. Fortunately, there are steps you can take to deal with these issues less difficult.
When your spouse dies, your first step is to contact someone whom you and your spouse, and anyone who can help you with funeral preparations. Next, contact your attorney and other financial professionals. You should also contact life insurance companies, government agencies and your spouse's employer for information on how to file for benefits.
To get expert advice when you need it is essential. A lawyer can help you go over your spouse's will and start estate settlement procedures. Your funeral director can also be an excellent source of information and can help you obtain copies of the death certificate and programs for Social Security and veterans benefits. Your insurance agent can help you with the claims process, or you can contact the company's policyholder services department directly. You may also wish to consult with a financial professional, accountant or tax advisor to help you organize your finances.
FIND KEY DOCUMENTS AND FINANCIAL ACCOUNT
Before you can begin to solve your spouse's estate or apply for insurance proceeds or public services, locate important documents and financial records (eg birth certificates, marriage certificates, life insurance). Remember, you need to get certified copies of certain documents. For example, use a certified copy of your spouse's death certificate to apply for life insurance proceeds. And to apply for social security benefits, you will have to give birth, marriage and death certificates.
CONFIGURING A FILING SYSTE